How to Buy Velas (VLX) in Azerbaijan

A Step-by-Step-Guide on how to buy Velas (VLX) in Azerbaijan

Step 1 – Signup to Coinbase and get 10$ for free

In the beginning you'll need to purchase one of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below for registration and getting your welcome 10 Dollar.

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Velas (VLX) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to)

Make sure you've selected the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find {Velas (VLX)|(VLX) Velas}

As soon as your deposit has been verified, you will immediately have access to your assets and you can launch buying and trading. To invest in {Velas (VLX)|(VLX) Velas} on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”.

In order to spot {Velas (VLX)|(VLX) Velas}, you will need to insert the cointype (VLX) into the search-box, which is highlighted in the image. Make sure you have choosen the right pairing, we have highlighted this also. Click on “VLX/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Velas (VLX)
Step 4 – Buy {Velas (VLX)|(VLX) Velas}

Once you've discovered {Velas (VLX)|(VLX) Velas}, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're making our own Limit Order.

The ”Price” field will be filled automatically with the most recent rate {Velas (VLX)|(VLX) Velas} was traded for. You can change this to your desired price. The ”Amount” field is the quantity of VLX you wish to buy. The ”Total” field is the whole price in Bitcoin that you will pay for the complete quantity of VLX.

If you're happy, click on “Buy VLX”. Your order will be filled when a Vender trades their VLX for the price you submitted.

Step 5 – Withdraw {Velas (VLX)|(VLX) Velas}

Unless you are frequently trading, never keep your coins on an Exchange for an longer period of time. To withdraw your {Velas (VLX)|(VLX) Velas}, hover over the ”Funds” tab and mouse click on “Withdraw”. {Velas (VLX)|(VLX) Velas} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Velas (VLX)|(VLX) Velas} by using the given drop-down box. Enter the volumen of {Velas (VLX)|(VLX) Velas} you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

If you are happy, click on “Submit”. You may be asked for verfication via phone/email before a take off.

Congrats! You have successfully bought and stored Velas (VLX) in Azerbaijan.

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your take off with Ethplorer.io or Etherscan.io and the {Velas (VLX)|(VLX) Velas} is safe inside your wallet, you are all done.

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